The Howard Hughes Corporation (HHC)
| Market Cap | 3.83B |
| Revenue (ttm) | 1.61B |
| Net Income (ttm) | 184.53M |
| Shares Out | 49.80M |
| EPS (ttm) | 3.65 |
| PE Ratio | 21.05 |
| Forward PE | 33.11 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 261,169 |
| Open | 77.00 |
| Previous Close | 76.64 |
| Day's Range | 75.99 - 78.07 |
| 52-Week Range | 50.90 - 105.51 |
| Beta | 1.45 |
| Analysts | Buy |
| Price Target | 107.10 (+39.38%) |
| Earnings Date | May 8, 2023 |
About HHC
The Howard Hughes Corporation owns, manages, and develops commercial, residential, and hospitality operating properties in the United States. It operates through four segments: Operating Assets; Master Planned Communities (MPCs); Seaport District; and Strategic Developments. As of December 31, 2020, the Operating Assets segment owned 15 retail, 33 office, 12 multi-family, 3 hospitality, and 13 other operating assets and investments primarily located in The Woodlands, Texas; Chicago, Illinois; Columbia, Maryland; Las Vegas, Nevada; and Honolulu,... [Read more]
Financial Performance
In 2022, HHC's revenue was $1.61 billion, an increase of 12.65% compared to the previous year's $1.43 billion. Earnings were $184.53 million, an increase of 228.94%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for HHC stock is "Buy." The 12-month stock price forecast is $107.1, which is an increase of 39.38% from the latest price.
News
SOFI... SCHW… The 5 Stocks Insiders Are Betting Big On This Week
It's been an interesting week following the collapse of SVB Financial Group (NASDAQ: SIVB) subsidiary Silicon Valley Bank. The stock market received a major blessing after it was announced that gover...
Vitrian and The Howard Hughes Corporation Form Joint Venture to Develop Life Science Projects in The Woodlands, Texas
THE WOODLANDS, Texas--(BUSINESS WIRE)--Vitrian, a national platform providing an end-to-end solution for mission-critical biomanufacturing facilities, and The Howard Hughes Corporation (NYSE: HHC) ann...
THE HOWARD HUGHES CORPORATION® APPOINTS FRANK STEPHAN PRESIDENT OF THE NEVADA REGION TO OVERSEE ACCLAIMED SUMMERLIN® COMMUNITY
Stephan succeeds Kevin Orrock whose decades-long leadership has delivered exceptional growth for one of country's leading master planned communities LAS VEGAS , March 1, 2023 /PRNewswire/ -- The Howar...
Howard Hughes (HHC) Q4 Earnings and Revenues Top Estimates
Howard Hughes (HHC) delivered earnings and revenue surprises of 10.31% and 8.85%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Howard Hughes Corp. warns of lower land sales in 2023, fourth-quarter results beat estimates
Howard Hughes Corp. HHC, +1.87% on Monday reported fourth-quarter results that beat expectations, but the real-estate developer warned that market anxiety would lead to lower land sales this year. The...
THE HOWARD HUGHES CORPORATION® REPORTS FOURTH QUARTER AND FULL-YEAR 2022 RESULTS
Solid fourth quarter results cap strong year across all segments HOUSTON , Feb. 27, 2023 /PRNewswire/ -- The Howard Hughes Corporation® (NYSE: HHC) (the "Company," "HHC" or "we") today announced opera...
Best undervalued Bill Ackman stocks for 2023
Bill Ackman, the billionaire investor, has had a stellar performance in Wall Street over the years. Between January 2004 and August last year, his fund had a compound annual return of about 15.5% comp...
THE HOWARD HUGHES CORPORATION® APPOINTS ANDREW SCHWARTZ AND ZACH WINICK CO-PRESIDENTS OF THE NEW YORK REGION
NEW YORK , Feb. 1, 2023 /PRNewswire/ -- The Howard Hughes Corporation ® (NYSE: HHC) announced today that Andrew Schwartz and Zach Winick have been named Co-Presidents of the company's New York region ...
THE HOWARD HUGHES CORPORATION® ANNOUNCES DATES AND TIMES FOR 2022 FOURTH QUARTER EARNINGS RELEASE AND CONFERENCE CALL
HHC to Host Earnings Call on February 28, 2023 HOUSTON , Jan. 12, 2023 /PRNewswire/ -- The Howard Hughes Corporation ® (NYSE: HHC) announced today that the Company will release 2022 fourth quarter and...
THE HOWARD HUGHES CORPORATION® EXECUTES $1.3 BILLION IN RECENT FINANCINGS
HHC increases liquidity to over $800 million, reduces near-term debt maturities, and extends maturity profile to approximately 7.5 years HOUSTON , Jan. 10, 2023 /PRNewswire/ -- The Howard Hughes Corp...
Billionaire Bill Ackman Is Betting Big on Howard Hughes (HHC) Stock
Shares of Howard Hughes Corp (NYSE: HHC) stock are in full focus following several buys by Pershing Square and Bill Ackman. Howard Hughes operates as a real estate development and management company ...
Bill Ackman Loads Up on Howard Hughes Corp
Bill Ackman (Trades, Portfolio) is an activist investor who is the founder and investment manager at Pershing Square Capital Management. He is known for his relentless contrarian style.
THE HOWARD HUGHES CORPORATION® BREAKS GROUND ON MEDICAL OFFICE BUILDING LAUNCHING REJUVENATION OF LAKEFRONT DISTRICT IN DOWNTOWN COLUMBIA®
New 86,000-Square-Foot, Premier Medical Office Building Solidifies Next Phase of Development in Downtown Columbia ® COLUMBIA, Md. , Dec. 14, 2022 /PRNewswire/ -- The Howard Hughes Corporation® (NYS...
2 Real Estate Development Stocks to Gain From the Industry Rebound
The Real Estate-Development industry is poised to ride on improving demand for a number of properties, including mixed-use assets and opportunities to consolidate market share. HHC and FOR are set to ...
The Howard Hughes Corporation® Publishes HHCommunities Report Highlighting Leadership in Environmental Sustainability and Community-Centric Development
THE WOODLANDS, Texas , Dec. 8, 2022 /PRNewswire/ -- The Howard Hughes Corporation ® (NYSE: HHC) published today its annual HHCommunities Report, which details the company's efforts throughout 2021 in ...
Ackman's Pershing Square Loads Up on Howard Hughes Following Tender Offer
Billionaire investor Bill Ackman (Trades, Portfolio) disclosed last week he boosted Pershing Square Capital Management's stake in The Howard Hughes Corp. ( HHC , Financial) by 11.46% following the clo...
The Pershing Square Funds Announce the Final Results of Their Tender Offer for Common Shares of The Howard Hughes Corporation
NEW YORK--(BUSINESS WIRE)--Pershing Square Capital Management, L.P. (“PSCM”) today announced the final results of the cash tender offer (the “Offer”) by Pershing Square, L.P. (“PS”), Pershing Square...
The Pershing Square Funds Announce the Preliminary Results of Their Tender Offer for Common Shares of The Howard Hughes Corporation
NEW YORK--(BUSINESS WIRE)--Pershing Square Capital Management, L.P. today announced the preliminary results of the cash tender offer (the “Offer”) by Pershing Square, L.P. (“PS”), Pershing Square In...
Wall Street Analysts See a 44% Upside in Howard Hughes (HHC): Can the Stock Really Move This High?
The mean of analysts' price targets for Howard Hughes (HHC) points to a 44.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among ana...
THE HOWARD HUGHES CORPORATION® APPOINTS DR. HOPE VONBORKENHAGEN AS CHIEF PEOPLE OFFICER
THE WOODLANDS, Texas , Nov. 22, 2022 /PRNewswire/ -- The Howard Hughes Corporation ® (NYSE: HHC) today announced that Dr. Hope VonBorkenhagen has been named the company's Chief People Officer, effecti...
THE HOWARD HUGHES CORPORATION® RECOGNIZED AS A GLOBAL INDUSTRY LEADER IN SUSTAINABILITY
GRESB ranks HHC #1 in U.S. Diversified Listed Peer Group and as a Sector Leader in Americas Diversified Category for sustainability impact THE WOODLANDS, Texas , Nov. 14, 2022 /PRNewswire/ -- The Howa...
The Pershing Square Funds Have Extended Their Tender Offer and Increased the Price Range for up to 6,340,000 Common Shares of The Howard Hughes Corporation
NEW YORK--(BUSINESS WIRE)--Pershing Square Capital Management, L.P. today announced that Pershing Square, L.P. (“PS”), Pershing Square International, Ltd. (“PS International”) and Pershing Square Ho...
New Strong Buy Stocks for November 10th
HHC, PLOW, TZOO, III and AMSF have been added to the Zacks Rank #1 (Strong Buy) List on November 10, 2022.
Does Howard Hughes (HHC) Have the Potential to Rally 68% as Wall Street Analysts Expect?
The average of price targets set by Wall Street analysts indicates a potential upside of 67.9% in Howard Hughes (HHC). While the effectiveness of this highly sought-after metric is questionable, the p...
Howard Hughes (HHC) Q3 Earnings and Revenues Lag Estimates
Howard Hughes (HHC) delivered earnings and revenue surprises of -7.59% and 4.51%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?